Is Bank of the Ozarks making overly risky loans? Getty Images If you need relief from your high-interest loans or credit card debt, you may be considering a personal loan. Offered by many banks and credit unions, personal loans let you consolidate or refinance your debt into a lower-interest loan with one fixed monthly payment.…
A former FC 11 employee claims the sports academy targeted students who “werent smart enough for university and not good enough to play professional sport”. “It was a sham. The entire business was leveraged on government grants, and when the government turned off the tap, the bottom fell out.” FC 11 purchased a licence to…
Enbridge Inc. announced a restructuring plan Thursday that would see it offer $11.4 billion in shares to co-investors in four affiliated businesses, in order to offset risks caused by the loss of a U.S. tax allowance for certain interstate pipelines. If the series of transactions unfold as anticipated, investors in all the companies and limited…
ROME, May 17 (Reuters) – A proposal by the 5-Star Movement and the far-right League to exclude government bonds held by the European Central Bank from countries debt calculations can help Italy meet European rules on debt reduction, a 5-Star lawmaker told Reuters on Thursday. A draft policy agenda drawn up by the two parties…
Russia’s VTB Capital-based NuMetal Ltd today told the company law appellate tribunal, NCLAT, that it has offered over Rs 37,000 crore for Essar Steel in the second-round of bidding, which should be opened and the highest bidder be selected from it. ArcelorMittal, the only other bidder to have put in a bid for Essar Steel…
The mother allegedly disappeared after the collapse of her marriage, which happened about the time she was declared bankrupt. The court heard she vanished during a custody dispute, and believed the girls were being abused by their father. There was no evidence to support that claim, the court heard. Since the woman was located, the…
Russia’s VTB Capital-based NuMetal Ltd today told the company law appellate tribunal, NCLAT, that it has offered over Rs 37,000 crore for Essar Steel in the second round of bidding. The company added that the second round of bidding should be opened and the highest bidder be selected from it. ArcelorMittal, the only other bidder…
May 17th, 2018 Jason Jiang Asia, Offshore 0 comments Singapore offshore vessel operator Pacific Radiance has announced its intention to pursue a restructuring through the courts via a scheme of arrangement. In order to preserve the proposed restructuring, Pacific Radiances wholly owned unit Pacific Crest had made applications to…
The father of a boy allegedly kidnapped for ransom from his Gold Coast home on Friday has denied he has gambling or business debts. The man, who cannot legally be identified, today told 9NEWS he had been prepared to pay the ransom demanded. In China I already prepared the money to pay a ransom. I…
Jonathan Eley and Naomi Rovnick in London May 17, 2018 Print this page Struggling childrens goods retailer Mothercare has become the latest UK high street chain to agree a lifeline deal with its creditors as the consumer downturn and the rise of online commerce piles the pressure on traditional shops. Following similar moves by floorings…